Confidence Indicators
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Some thoughts on macroeconomic models
13.06.2008
By: Paul De Grauwe, K.U. Leuven and CEPS
The limits of DSGE models as tools of analysis for central banks.
Pessimism about the eurozone is misplaced
15.04.2008
By: Wolfgang Münchau
The euro area is stronger than the forecasts of the IMF believe. The crisis will eventually affect euro area growth, but not so much in 2008. There is also some evidence that the euro area is a touch less dependent on the US than previously.
Who would have thought that?
14.02.2008
By: Eurointelligence ECB Watch
The euro area economy turned out to be quite resilient during Q4, while the US was already heading for recession. We stick with our view that a rate cut is definitely not on the agenda for quite some time to come.
Time for the euro area to become part of the solution
06.02.2008By: Jörg Bibow and Andrea Terzi
It is an outstanding and much ignored fact that an economy similar in size to the U.S. fails to generate domestic demand growth, but relies on exports to kick-start growth instead. Global imbalances have their roots in export-led growth strategies.